Chepachet, RI Housing Market & Real Estate

Leaning buyer's+7.5% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Chepachet, RI is $540,000, up 7.5% year-over-year. Homes sell in an average of 149 days with 7 active listings. The market is currently a leaning buyer's.

$540,000median sale price

Is Chepachet a buyer's or seller's market?

Leaning buyer's7.0 months of supply149 avg. days on market

Chepachet, RI is currently a leaning buyer's, based on 7.0 months of supply and homes selling in about 149 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

149

Average pace

Active listings

7

7.0 months supply

Sale-to-list

100.9%

Above asking

Chepachet, RI market data

Current housing market statistics for Chepachet, RI
MetricValue
Median sale price$540,000
Median list price$347,500
Year-over-year price change+7.5%
Average days on market149 days
Active inventory7 listings
Months of supply7.0 months
Sale-to-list price ratio100.9%
Market conditionLeaning buyer's

Source: Redfin · Updated weekly

The Chepachet housing market is currently classified as a leaning buyer's with a median sale price of $540,000. Prices have risen 7.5% compared to last year, with homes spending an average of 149 days on market, indicating 7.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Chepachet

There are currently 7 homes listed for sale in Chepachet, Rhode Island. The median listing price is $348K.

Active listings

7

Homes on market

Median list price

$348K

Avg. days on market

149

Days until sale

New this week

2

Newly listed

Price drops:14.3%of listings
Sale-to-list:100.9%

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Frequently asked questions

What is the average home price in Chepachet?

The median home sale price in Chepachet is $540,000, up 7.5% from last year.

How long do homes stay on market in Chepachet?

Homes typically spend 149 days on market before going under contract.

Is Chepachet a buyer's or seller's market?

With 7.0 months of supply, Chepachet is currently a leaning buyer's.

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